11 border communities to receive grants

Updated 8:12 pm, Tuesday, August 14, 2012

The San Antonio-based North American Development Bank and the Ciudad Juárez, Mexico-based Border Environment Cooperation Commission have selected the first 11 projects for consideration of certification and grant financing through the organizations' new Community Assistance Program.

Four U.S. communities and seven Mexican communities will receive grants totaling about $3.77 million to build or rehabilitate water and sewage projects.

The 11 projects, which represent a total investment of more than $4.25 million, were selected through a process based on financial need, level of project readiness and anticipated environmental and health benefits.

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During the three-month application period from Nov. 15 to Feb. 15, a total of 111 project proposals were received. Fifty-six came from Mexican communities and 55 from U.S. communities. Eighty-five percent of the proposals were for water and sewage projects.

All selected proposals will be submitted to BECC-NADBank board directors for approval. The first projects are expected to be submitted during the third quarter.

The program, approved by the directors in February 2011, is being funded with a portion of the NADBank's retained earnings from its main loan fund. The grants are meant for communities with little or no capacity to incur debt.

Projects may receive a grant for up to $500,000, which may be applied towards project construction and related costs, including final design, project management and supervision, as well as other project components, such as equipment. Project sponsors must contribute at least 10 percent of the total project cost.

dhendricks@express-news.net

More Information

Eleven communities have been selected for grants from the North American Development Bank and the Border Environment Cooperation Commission, mainly for water and sewage projects in a new grant program.